Healthcare Industry Developments in May 2026

Physician Assistant Pay Reaches New High

The demand for physician assistants continues to rise, with their population surpassing 200,000. Salaries for these professionals have increased, now averaging $140,000 annually. This growth reflects the ongoing shortage of doctors.

Impact of GOP Congress on Obamacare Deductibles

Enrollees of Obamacare faced deductibles that increased by more than $1,000 this year. This change occurred after the Republican-led Congress decided not to renew previous tax credit enhancements.

CVS Health Revamps Portfolio with Omnicare Sale

CVS Health has progressed with its portfolio restructuring by selling its underperforming Omnicare long-term care pharmacy network. The sale to GenieRx was approved by a bankruptcy court and is valued at $250 million.

Leadership Changes at Alignment Healthcare

In response to its expanding Medicare Advantage business, Alignment Healthcare has made strategic leadership adjustments. John Kao, already serving as CEO, has taken on the additional role of chairman. The company has also elevated other executives.

Health Insurers’ Mixed Performance Outlook

Major health insurance companies, such as UnitedHealthcare, CVS Health’s Aetna, and Blue Cross and Blue Shield plans, report reduced costs. Despite this current trend, there are indications of potential challenges ahead in the industry.